4+ mon, 1+ week ago   (564+ words) Santanu Banerjee outlines why attrition in insurance sales is driven by lifecycle gaps, managerial quality and flawed role design rather than compensation alone. Attrition in insurance sales roles remains stubbornly high despite aggressive incentive structures, pointing to deeper flaws in…...

4+ mon, 2+ week ago   (211+ words) TOKYO (TR) – Following revelations that a Sony Life Insurance Co. employees had swindled dozens of customers, the company announced on Friday that it will launch an investigation into all insurance contracts handled by its employees and contracted agents. The former…...

5+ mon, 5+ day ago   (579+ words) The National Credit Regulator (NCR) has provided consumers who pay mandatory credit life insurance a lifeline, calling out the inconsistent industry practices in calculating premiums. The move will see consumers pay progressively lower premiums as the debt owed to credit…...

6+ mon, 1+ week ago   (493+ words) Insurance penetration in India remains in the low single digits. Even among those who are insured, very few truly understand the product they buy and its benefits. The bigger concern is that many exit midway through surrender, lapse or discontinuation…...

6+ mon, 3+ week ago   (60+ words) Business Standard Life insurance firms propose deferment of frontloaded commissions Industry players meet Irdai chief; upfront payouts may be deferred to reduce acquisition costs Latest Irdai data show that the life insurance industry reported gross expenses of management of ₹1.38 trillion…...

7+ mon, 5+ day ago   (608+ words) CNBC TV18...